Day: December 5, 2024

87 percent of financial institutions report a rise in stolen credentials as fraud cases surge, according to new survey SOMERSET, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) — CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, released the industry’s first tap-to- authenticate report in collaboration with PYMNTS Intelligence, a leading payments analyst organization. The report identified the top security challenges facing financial institutions (FIs), reporting that 87% of financial institutions saw a rise in stolen credentials as fraud cases surge. “The PYMNTS Intelligence report underscores that the time for decisive action is now, with nearly 70% of FIs recognizing the urgent need for improved security measures,” said Adam Lowe, Chief Product and Innovation Officer at CompoSecure....

ENCINO, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, today announced that Amanda Li Linjie, President of NETSOL China, has received two prestigious awards recognizing outstanding performance in the Chinese finance and leasing industry. On November 22, Ms. Li Linjie was honored with the Automotive Finance New Productivity Innovation Pioneer Award at the China Auto Finance and Industry Development Competitiveness Forum 2024 held in Shanghai. This important recognition highlights the outstanding contributions made by Ms. Li Linjie and NETSOL China to the innovation of China’s automotive finance industry, of which NETSOL possesses 75% market share. On November 29, NETSOL participated in the China Leasing Business Association’s (CLBA)...

MALVERN, Pa., Dec. 05, 2024 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision measurement and sensing technologies, today announced the appointment of Nava Swersky Sofer as an independent member to its Board of Directors, effective immediately. Saul Reibstein, Chairman of the Board of Vishay Precision Group, said, “We are pleased to have Nava join our board. As an entrepreneur and expert board director in the fields of technology and innovation across a broad range of industries, she brings valuable experience, perspective and expertise to VPG.” Ms. Sofer is a globally recognized strategic consultant, venture capitalist and thought leader specializing in innovation and technology commercialization. Since 2009, Ms. Sofer has lectured on innovation and entrepreneurship at major universities...

WOBURN, Mass., Dec. 05, 2024 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of AI-driven marketing technology, has launched Smart Facets, the latest feature in HawkSearch’s Smart Response product line. Powered by Generative AI, Smart Facets automatically selects relevant facets in response to natural language searches. Smart Facets adds to the current list of Smart Response options offered by HawkSearch including Conversational Search and Smart Summary. Smart Facets transforms the search experience by seamlessly integrating with Concept Search, enabling users to ask detailed, context-rich questions. For example, a query like “Which conduit fittings are between ½ and ¾ inches in either grey or black color and cost less than $5?” is analyzed by Generative AI, which applies the appropriate facets to deliver...

Award-winning brands from the Pacific Northwest’s leading craft spirits company now available in Bourbon Country GIG HARBOR, Wash., Dec. 05, 2024 (GLOBE NEWSWIRE) — Heritage Distilling Company, Inc. (“HDC” or “Heritage”) (Nasdaq: CASK), a leading craft distiller of innovative premium brands, is expanding into the Kentucky market in partnership with Keg 1 River City, the leading distributor of beer, wine and spirits in Kentucky. Heritage’s exceptional suite of spirits now offered in Kentucky includes: Cocoa Bomb, Salute Series’ D-Day Land, Air and Sea, and ARMY Special Operations Forces Whiskey, at select on-premise and off-premise retailers throughout Kentucky. Created in November 2023, the Salute Series is a super-premium whiskey collection dedicated to honoring, celebrating, and raising funds for organizations supporting U.S....

First-in-class catheter-based sensing technology designed to sense neuronal signals that indicate pain or disease and destroy those nerves at the source Company expects to submit an Investigational Device Exemption (“IDE”), and if approved, will commence a pivotal clinical trial to support a De Novo application for FDA approval THE WOODLANDS, TX, Dec. 05, 2024 (GLOBE NEWSWIRE) — Autonomix Medical, Inc. (NASDAQ: AMIX) (“Autonomix” or the “Company”), a medical device company focused on advancing innovative technologies to revolutionize how diseases involving the nervous system are diagnosed and treated, today announced the milestone achievement of design lock for its radio frequency (“RF”) ablation catheter specifically designed to ablate nerves transvascularly in targeted areas following the successful completion of animal testing. “There...

Company to Convert Interest Earnings to Cryptocurrency, Allocate Up to 10% of Excess Operational Cash, and Enable Crypto Transactions on Worksport.com West Seneca, New York, Dec. 05, 2024 (GLOBE NEWSWIRE) — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced a significant advancement in its corporate treasury strategy by taking initial steps to adopt the cryptocurrencies BTC (Bitcoin) and XRP (Ripple). Under the initial resolution of this strategy, the Worksport Board of Directors has approved the purchase of up to $5 million in Bitcoin and XRP, limited to a maximum of 10% of excess operational cash. This strategic move is intended to enhance transaction efficiency...

RANCHO CORDOVA, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) — IMD Companies, Inc. (OTC:ICBU) and its subsidiary, Riize LLC (Riize Health), is pleased to announce the launch of our white label and licensing verticals. On Friday, November 26, 2024, Riize Health began pushing our white label program and licensing of our technology which allows us to expand our market share and branding. There has been many inquiries about this avenue and we’ve been dissecting what it means to us in the long run and ICBU with its subsidiary has determined the benefits far greater than not doing it. It is our belief that by expanding our brand this way adds multiple facets to our bottom line. By following many industry standards, we’re going down this path to bring our brand to the forefront as an industry disrupter and innovator. This brings forth many...

Jupiter, FL, Dec. 05, 2024 (GLOBE NEWSWIRE) — SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”, a leading provider of creative and high-quality licensed media-themed merchandise, today announced that it entered into a securities purchase agreement with a certain institutional investor to purchase approximately $1.7 million shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.7385 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.7 million, before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about December 6, 2024, subject to the satisfaction of customary closing conditions. D. Boral Capital LLC is acting...

CHICAGO, Dec. 05, 2024 (GLOBE NEWSWIRE) — Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) is proud to announce that Laura McAllister Cox, RSI’s Chief Compliance Officer, has been awarded the highly coveted Chief Compliance Officer of the Year award at the prestigious Vixio Global Regulatory Awards in London. This recognition celebrates Laura’s exceptional leadership, her instrumental role in navigating the ever-evolving regulatory landscape, and her unwavering commitment to fostering a culture of compliance and responsible gaming at RSI. The Chief Compliance Officer of the Year award highlights compliance leaders who go beyond the call of duty, leading their departments through the complexities of regulatory change while significantly elevating compliance standards across their organizations. Laura’s nomination reflects her steadfast...